Menu
Input Tax Credit
I had a proprietor concern firm. Can i take ITC on purchase of laptop in the name of my firm. Is the ITC reversable
Replies (2)
Yes, you can take input if laptop is used for business purpose
If the Laptop used furtherance of business then Yes You can take ITC.
Recent Threads
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
Related Threads
CAclubindia
